An amusing quote

[murstein]

‎Stanford economist and Republican Mike Boskin, says it best. Being Chair of the [President's Council of Economic Advisors] and advising all the political appointees in the White House is, he says, a lot like teaching Econ 1 at Stanford. Only at Stanford your students do their reading, pay attention, and ask deeper and more thoughtful questions.

http://delong.typepad.com/sdj/2010/12/econ-1-december-1-2010-christina-romer-on-economic-policy.html